3evi

Bengaluru, India Founded: 2019 • Age: 7 yrs
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
Annual revenue $2.4M Latest available
Total funding $39.5M 9 rounds
Employees 178 Tracked headcount
Investors 33 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About 3evi

3evi is a company based in Bengaluru (India) founded in 2019 by Suman K Mishra and Peter Hartmut Voelkner. 3evi has raised $39.51 million across 9 funding rounds from investors including Mahanagar Gas, Credence Family Office and Auto Hangar. The company has 178 employees as of April 02, 2024. 3evi operates in a competitive market with competitors including TI Clean Mobility, ETO Motors, Montra Electric, GMW and Atul Greentech, among others.

  • Headquarter Bengaluru, India
  • Employees 178 as on 02 Apr, 2024
  • Founders Suman K Mishra, Peter Hartmut Voelkner
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name 3Ev Industries Private Limited
  • Date of Incorporation 30 Apr, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.37 M (USD)
    146.93
    as on Mar 31, 2023
  • Net Profit
    -$1.83 M (USD)
    -62.77
    as on Mar 31, 2023
  • EBITDA
    -$1.58 M (USD)
    -74.58
    as on Mar 31, 2023
  • Total Equity Funding
    $39.51 M (USD)

    in 9 rounds

  • Latest Funding Round
    $13.46 M (USD), Series A

    Nov 26, 2025

  • Investors
    Mahanagar Gas

    & 32 more

  • Employee Count
    178

    as on Apr 02, 2024

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People of 3evi

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Suman Mishra
Chief Revenue Officer (CRO)

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Teams

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Funding Insights of 3evi

3evi has successfully raised a total of $39.51M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $13.46 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in 3evi

3evi has secured backing from 33 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mahanagar Gas, Credence Family Office and Auto Hangar.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital and single family offices investing in multiple sectors
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Multiple sectors are invested in by the private equity firm.
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Private equity firm focused on multiple sectors
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Investor details for 3evi

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Investments & Acquisitions by 3evi

Investments
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Investment portfolio details for 3evi

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Financial Statements - 3evi

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Detailed financials for 3evi

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3Evi Comparisons

3evi Primary company
Description
Three-wheel electric vehicles are manufactured along with hy...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$2.37 M (USD)
Net Profit
-$1.83 M (USD)
EBITDA
-$1.58 M (USD)
Employees
178
As of 2024
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Peer comparison for 3evi

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Competitors of 3evi

3evi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TI Clean Mobility, ETO Motors, Montra Electric, GMW and Atul Greentech, among others.

Company Name Domain Founded year HQ Location Description
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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Online platform offering electric vehicles and fleet management solutions
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Electric three-wheelers are manufactured by Montra Electric in India.
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Platform offering electric mobility solutions
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Electric rickshaws are manufactured and developed by Atul Greentech.
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Detailed competitors of 3evi

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Latest news on 3Evi

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Complete news archive for 3evi

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Frequently Asked Questions about 3evi

3evi was founded in 2019 and raised its 1st funding round 1 year after it was founded.

3evi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

3evi is a funded company, having raised a total of $39.51M across 9 funding rounds to date.

As of Apr 02, 2024, the latest employee count at 3evi is 178.

Annual revenue of 3evi is $2.37M as on Mar 31, 2023.

The company was founded in 2019 in Bengaluru, India, focusing on the electric mobility sector. Three-wheel electric vehicles are designed, developed, manufactured, and operated for cargo and passenger transport. Hyper-local connectivity solutions are offered through a software system for resource management and optimization. Enterprise-grade logistics services address middle- and last-mile delivery needs, while conversion kits are provided to electrify existing internal combustion engine vehicles.

3evi's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.

3evi has 33 investors. Key investors include Mahanagar Gas, Credence Family Office, Auto Hangar, 4d Vision, and Digital Designs.

The valuation of 3evi is $46.21M as of Mar 2025.

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